The property: This modern new-build is a standout in a neighbourhood of suburban bungalows. Inside, there’s a fancy floating staircase, a built-in wine wall and plenty of sleek custom walnut paneling.

The history: The seller bought the lot as an investment property, then knocked down the existing house to build this one in its place. Construction finished in September, and the property went on the market in January.

The fate: The buyer bought the home for his granddaughter and her family. They plan to leave it largely unchanged. According to the selling agent, other homes in the area have also had market-friendly renovations, although complete rebuilds are still rare.

The sale: The property was on the market for just over two weeks before it attracted two competing offers. The seller went for the higher one.

By the numbers:

$2,050,000

30-by-125-foot lot

4 + 1 bedrooms

5 bathrooms

3 parking spaces

1 floating staircase

1 wet bar

The foyer has porcelain tile floors.

The living room has a gas fireplace with a granite surround.

The walnut drop ceiling in the dining area is an unusual touch.

The kitchen has Caeserstone countertops and a Wolf oven.

Also in the kitchen: a wall of wine.

The family room has a wall of walnut.

And a floating staircase leads to the second floor.

There are four bedrooms on the second floor.

Here’s one of those bedrooms.

This bedroom has an en suite bathroom. The other two secondary bedrooms don’t.

Here’s the hallway bathroom, with a double sink and porcelain tile.

The master bedroom comes with a pretty impressive walnut headboard.

And there’s another fireplace in here, along with a picture window with a view of the street.